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TAX CUTS LEGISLATION
Germany changes sick leave policy: 'We are abolishing sick leave by phone,' says Chancellor Merz; doctor's note required from day one of illnessGermany sick leave policy: Germany is set to tighten sick leave rules, requiring doctor's certificates from day one of absence upon the emp...- Trump Accounts launch July 4, giving newborns $1,000. Here's what to knowPresident Trump's administration is launching "Trump Accounts" to promote financial independence for American children, coinciding with the...
- Finance Bill passed 'hurriedly' to give tax benefits to liquor cos: Kerala LoP VijayanLeader of Opposition Pinarayi Vijayan accused the UDF government of hastily passing the Finance Bill to benefit liquor companies through ta...
- World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...
- America's shutdown of Anthropic's AI models is not a surprise. And India has seen it coming for 30 yearsThe US government's export control order on Anthropic's advanced AI models, blocking non-American nationals, highlights a long-standing Ind...
- House is set to fund Donald Trump's immigration actions for the rest of his time in the White HouseHouse Republicans are set to vote on a significant immigration enforcement bill. This legislation seeks to allocate nearly $70 billion to H...
- Australia's lower house passes bill for biggest overhaul of taxes in decadesAustralia's parliament has approved a major tax reform. The government is curbing tax breaks for property investors to boost housing afford...
- EU import cuts threaten Ukraine's battered steel sector, Interpipe CEO saysUkraine's vital steel sector faces a new threat from European Union import quotas. This move could severely damage the war-torn industry, d...
- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- Tax cuts collide with inflation as voters weigh Trump's economy in the midtermsVoters in North Carolina face a tough economic choice. While tax cuts aim to boost incomes, rising prices for rent, food, and fuel are a ma...
- Trump says he supports suspending US gas tax after prices remain highPresident Trump supports suspending the federal gasoline tax amid surging prices driven by the Iran war, a move requiring congressional app...
- Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
- US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in AprilAverage hourly earnings rose 0.2% from March and 3.6% from April 2025, consistent with the Federal Reserve's 2% inflation target.
- Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- Trump signs bill funding the Department of Homeland Security, ending record shutdownPresident Trump signed bipartisan legislation to fund most of the Department of Homeland Security, ending the longest agency shutdown in hi...
- White House says funds to pay TSA and other Homeland Security workers will 'soon run out'The White House warns Congress that funding for Department of Homeland Security personnel will soon run out, potentially leading to airport...
- Australia announces $1000 instant tax deduction for millions of taxpayers under proposed law; How it works and what will be the maximum and average savings?Millions of Australians will soon benefit from a $1,000 instant tax deduction. This new legislation simplifies claiming work-related expens...
- Big win for workers! New income law could mean $3,139 extra — here’s who benefits mostSouth Carolina new income tax law brings lower tax rates from 2026. The plan reduces tax brackets and slowly cuts income tax toward zero. M...
- No income tax? This US state proposal ignites hype and serious budget fearsNo income tax states US: South Carolina is set to gradually eliminate personal income tax. This move promises a simpler tax system but rais...
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